PHILIPPINE

ECONOMIC
ZONE
AUTHORITY

UPDATE ON PEZA ACTIVITIES AND PROGRAMS

Lilia B. de Lima

Undersecretary and Director General

Philippine Economic Zone Authority

A presentation for
The American Chamber of Commerce
of the Philippines, Inc.
AmCham
AmCham Hall,
Hall, 2F,
2F, Corinthian
Corinthian Plaza
Plaza Bldg.,
Bldg.,
Paseo
Paseo de
de Roxas,
Roxas, Makati
Makati City
City
12:00
12:00 PM,
PM, 31
31 July
July 2008
2008

PHILIPPINE ECONOMIC ZONE AUTHORITY

An investment promotion agency attached to the

Department of Trade and Industry.
It took over the functions of the former Export
Processing Zone Authority (EPZA) in 1995.
It supervises economic zones that are proclaimed
under its mandate nationwide.

The Special Economic Zone Act of 1995

Reinforce governments efforts on:
Investment Promotion
Employment Creation
Export Generation

16 EPZA- REGISTERED
PUBLIC & PRIVATE ECONOMIC ZONES
( 1969 - 1994)
LUISITA INDUSTRIAL PARK
SUBIC SHIP. ENGG. INC.
BAGUIO
BAGUIO EPZ
EPZ

VICTORIA WAVE
CARMELRAY DEVT. CORP.

BATAAN
BATAAN EPZ
EPZ
CAVITE
CAVITE EPZ
EPZ

GATEWAY BUSINESS PARK

LIGHT IND. & SCIENCE PARK
LAGUNA TECHNOPARK

MACTAN
MACTAN EPZ
EPZ

LAGUNA INTL. INDL PARK

TABANGAO SPECIAL EPZ
FIRST CAVITE INDL. ESTATE
LEYTE INDL. DEVT ESTATE
MACTAN ECOZONE II

Total
Total Area
Area :: 3,183
3,183 hectares
hectares

MAJOR POLICY THRUST

PEZA ceased developing
economic zones
Encouraged private sector to
develop economic zones

166 OPERATING ECONOMIC ZONES

BAGUIO CITY ECONOMIC ZONE
FORT ILOCANDIA
LUISITA INDUSTRIAL PARK
TECO SPECIAL ECONOMIC ZONE
ANGELES INDUSTRIAL PARK
AGUS INDUSTRIAL ESTATE
VICTORIA WAVE
ROBINSONS PLACE NOVALICHES
DILIMAN IT BUILDING
CONVERGYS IT BUILDING
HTMT CYBER PARK
EDSA CENTRAL IT CENTER
E-SQUARE INFORMATION TECHNOLOGY PARK
MULTINATIONAL BANCORPORATION
PEOPLESUPPORT CENTER IT BUILDING
NORTHGATE CYBERZONE
MACROASIA ECOZONE
EUGENIO LOPEZ JR. COMMUNICATION CENTER
EASTWOOD CITY CYBERPARK
EXPORTBANK PLAZA BUILDING
THE ENTERPRISE CENTER
RCBC PLAZA
SM ICITY
SM CYBERZONE 1
G.T. TOWER INTERNATIONAL
AMKOR TECHNOLOGY
PACIFIC INFORMATION TECHNOLOGY CENTER
ROBINSONS CYBERPARK
ROBINSONS-EQUITABLE TOWER
PBCOM TOWER
SUMMIT ONE OFFICE TOWER
PHILAMLIFE I.T. BUILDING
6750 AYALA AVE. BLDG.
UNIONBANK PLAZA
BPI BUENDIA CENTER
EAST CYBER GATE
GATEWAY OFFICE TOWER
INSULAR LIFE BUILDING
MARVIN PLAZA BUILDING
MSE CENTER
OCTAGON IT BUILDING
ORIENT SQUARE IT BUILDING
RIVERBANK CENTER ICT BLDG. I
UP SCIENCE & TECHNOLOGY PARK (South)
V-TECH TOWER
FOOD TERMINAL INC. SEZ
EMI SPECIAL ECOZONE
BATAAN ECONOMIC ZONE
SUBIC SHIPYARD
PLASTIC PROCESSING CENTER SEZ
HERMOSA ECOZONE
LEYTE INDL. DEVELOPMENT ESTATE
LEYTE INFORMATION COMMUNICATION TECH. PARK
JOSE PANGANIBAN SEZ
RAPU-RAPU ECOZONE

( As of June 2008)

Total Area : 6,661.63 hectares

CAVITE ECONOMIC ZONE

LAGUNA INTL. INDUSTRIAL PARK
LIGHT INDUSTRY & SCIENCE PARK I
LIGHT INDUSTRY & SCIENCE PARK II
LIGHT INDUSTRY & SCIENCE PARK III
TABANGAO SPECIAL ECONOMIC ZONE
LAGUNA TECHNOPARK I
FIRST CAVITE INDUSTRIAL ESTATE
GATEWAY BUSINESS PARK
GATEWAY BUSINESS PARK I
GREENFIELD LAGUNA AUTOMOTIVE PARK
YTMI REALTY SPECIAL ECONOMIC ZONE
LIMA TECHNOLOGY CENTER
FIRST PHILIPPINE INDUSTRIAL PARK EXP. I
COCOCHEM AGRO INDUSTRIAL PARK
PEOPLES TECHNOLOGY COMPLEX
FIRST PHILIPPINE INDUSTRIAL PARK
CARMELRAY INDUSTRIAL PARK
CARMELRAY INDUSTRIAL PARK II
CALAMBA PREMIERE INTERNATIONAL PARK
TOYOTA STA. ROSA SEZ
TOYOTA STA. ROSA SEZ II
DAIICHI INDUSTRIAL PARK
LAGUNA TECHNOPARK III
LAGUNA TECHNOPARK II
LAGUNA TECHNOPARK IV
FILINVEST TECHNOLOGY PARK - CALAMBA
EASTBAY ARTS, RECREATIONAL AND TOURISM
ROBINSONS BIG R SUPERCENTER
STA. ROSA COMMERCIAL IT PARK
PHILTOWN TECHNOLOGY PARK
ROBINSONS PLACE LIPA
MACTAN ECONOMIC ZONE
BIGFOOT IT PARK
MACTAN ECONOMIC ZONE II
MANGO SQUARE
ARCENAS ESTATE IT BUILDING
JY SQUARE IT CENTER
CEBU LIGHT INDUSTRIAL PARK
WEST CEBU INDUSTRIAL PARK
NEW CEBU TOWNSHIP
MRI ECONOMIC ZONE
HVG ARCADE IT PARK
INNOVE IT PLAZA
ASIATOWN IT PARK
FEDERATED IT PARK
ROBINSONS METRO BACOLOD
PUEBLO DE ORO IT PARK
JASAAN MIS. ORIENTAL ECOZONE
DBP IT PLAZA
THE BLOCK IT PARK
CIIF AGRO-INDUSTRIAL PARK
RIO TUBA EXPORT PROCESSING ZONE
SARANGANI ECONOMIC DEVELOPMENT ZONE
SRC CALUMPANG ECONOMIC DEVT. ZONE
FIRST ORIENTAL BUSINESS & INDUSTRIAL PARK

61 Manufacturing or Industrial
Estates
99 IT Parks (26) and IT Centers (73)
5 Tourism Ecozones
1 Medical Tourism Park

ECONOMIC ZONE INVESTMENTS

160
140
120
100
80
60
40
20
0

144 %

EPZA
86 -93
1994

61 % .6%

12.7 B
9.6 B

60 %

PEZA
52.5 B
65.3 B
159.7 B
96.9 B
155.7 B
156.7 B
80.8 B
38.7 B
31.7 B
50.5 B
67.2 B
83.7 B
133.7 B

1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
89

90

91

92

93

25 %
33 %

24%
449%

94

95

96

57 %

97

98

99

00

01

02

03

04

1995 2007 Economic Zone Investments : P 1.173 Trillion

05

06

07

13-YEAR ECONOMIC ZONE INVESTMENTS

35
Times
Bigger
EPZA
1982 1994
P 33.068 B

PEZA
1995 - 2007
P 1.173 T

LOCATOR INVESTMENTS BY NATIONALITY

( 1995 2007 )
18.82 % American
17.49 % Filipino
6.45 % Dutch
4.03 % British
3.58 % Singaporean

36.82 %
Japanese

2.97 % Korean
2.20 % British Cayman Islands
2.03 % Germans
1.16 % Taiwanese
1.00 % British Virgin Islands
1.06 % Others

LOCATOR INVESTMENTS BY PRODUCT SECTOR

( 1995 - 2007 )

50.94 %
Electronics and
Semiconductors

7.55 % Electrical Machinery

and Apparatus
7.18 % Information Technology
Services
6.52 % Transport and Car Parts
2.75 % Chemical and Chemical
Products
2.30 % Medical, Precision and
Optical Instruments
1.74 % Rubber and
Plastic Products
1.10 % Garments and Textiles
19.92 % Other Manufactures

1994 : US $ 2.739
1995 : US $ 4.284

56.4 %

1996 : US $ 6.500

51.7 %

1997 : US $ 10.626

63.5 %

1998 : US $ 13.270

24.9 %

1999 : US $ 15.807

19.1 %

2000 : US $ 20.025

26.7 %

2001 : US $ 19.498

- 2.5%

2002 : US $ 22.775

16.8%

2003 : US $ 27.313

19.9%

2004 : US $ 30.924

13.2%

2005 : US $ 32.030

3.6%

2006 : US $ 36.077

12.6%

2007 : US $ 40.889

13.3%

In Billion US Dollars

PHILIPPINE MANUFACTURED EXPORTS

( Billion U.S. Dollars )

Economic Zone Manufactured Exports

2.7

4.3

6.5

10.6

13.3

15.8

20.0

19.5

22.7

27.2

30.7

31.6

35.1

45

36.9
42.8

41.1
40

35.5

34.3

35

31.7

31.5

30

36.9

32.0

28.6
26.1

25

21.6
20
15
10

18.5
50%

15.8
12.2
22%

27%

35%

73%

65%

51%
49%

50%

58%
42%

49%

51%

78%

68%

72%

32%

28%

85%

86%

86%

85%

86%

15%

14%

14%

15%

14%

4.8

4.8

5.3

6.0

5.9

2005

2006

2007

9.5

11.5

12.0

11.0

12.8

15.9

14.3

9.1

8.8

Other Philippine Manufactured Exports

1994

1995 1996

1997 1998 1999

2000

2001

2002

2003 2004

Her Excellency

GLORIA
MACAPAGAL
ARROYO
Trabaho at
kabuhayan sa bawat
Pilipino.
10 million jobs in
6 years

1994

91,860

1995

121,823

1996

152,250

1997

183,709

1998

219,791

1999

247,076

2000

278,407

2001

289,548

2002

328,384

2003

362,851

2004

406,752

2005

451,279

2006

545,025

2007

593,108

TOP ECONOMIC ZONE INVESTORS

TI (Philippines), Inc.

Electronics

American

Amkor Technology

Electronics

American

Intel Technology

Electronics

American

Fujitsu Computer

Electronics

Japanese

NXP Semiconductors

Electronics

Dutch

Sunpower Philippines

Solar Cells

Brit. Cayman

Toshiba Information

Electronics

Japanese

Epson Precision

Electronics

Japanese

Integrated Micro

Electronics

British

Hitachi Global Storage

Electronics

Dutch

Toyota Autoparts

Automotive

Japanese

Coral Bay Nickel Corp.

Minerals

Japanese

TOP ECONOMIC ZONE INVESTORS

TDK Fujitsu Phils.

Electronics

Japanese

Lufthansa Technik

Air Transport

German

Samsung Electro-Mech

Electronics

Korean

Ibiden Philippines

Electronics

Japanese

Rohm Electronics

Electronics

Japanese

Terumo (Philippines)

Med. Instruments

Japanese

Pilipinas Kao, Inc.

Coco products

Japanese

JP Morgan Chase Bank

IT

American

Taiyo Yuden

Electronics

Japanese

Cypress Mfg. Ltd.

Electronics

American

Continental Temic

Electronics

German

Panasonic Comm.

Electronics

Dutch

TOP ECONOMIC ZONE INVESTORS

Ford Motor Company

Automotive

American

Teletech Customer Care

I.T.

American

Mitsumi Philippines

Electronics

Japanese

Hoya Glass Disk

Electronics

Singaporean

Nidec Philippines

Electronics

Japanese

Convergys

I.T.

American

Manticao Nickel Corp.

Mineral

Filipino

Analog Devices

Electronics

Dutch

Nidec Precision

Electronics

Japanese

Honda Parts Mfg.

Automotive

Japanese

eTelecare Global

IT

Filipino

Takata (Philippines)

Automotive

Japanese

AMERICAN ENTERPRISES IN PEZA ECONOMIC ZONES

INDUSTRY

NUMBER

Electronics and Semiconductors

25

Information Technology
Transport and Car Parts
Chemical & Chemical Products

100
5
1

Fabricated Metals
Rubber & Plastic Products
Garments
Others

5
6
1
18
TOTAL

161

TOP 30 AMERICAN COMPANIES IN PEZA

1.
2.
3.
4.

TI (Philippines), Inc.
Amkor Technology
Intel Technology Philippines, Inc.
JP Morgan Chase Bank, NA Phil. Customer
Care Center
5. Cypress Manufacturing
6. Ford Motor Company
7. TeleTech Customer Care Management Phil., Inc.
8. Convergys Phil. Services Corp.
9. AMI Semiconductor Phil., Inc.
10. ICT Marketing Services, Inc.

TOP 30 AMERICAN COMPANIES IN PEZA

11. PeopleSupport (Phil.), Inc.
12. Visteon Phil., Inc.
13. American Power Conversion Corp.
14. Moog Controls Corp. (Phil. Branch)
15. Dell International Services Phil., Inc.
16. APAC Customer Services, Inc. Phil. Branch
17. INFONXX Philippines, Inc.
18. Ford Phil. Component Manufacturing Co.
19. Accenture, Inc.
20. ACP Test Company, Inc.

TOP 30 AMERICAN COMPANIES IN PEZA

21. West Contact Services, Inc.
22. SC Reservationss (Phil.), Inc.
23. Draka Philippines, Inc.
24. Sitel Philippines Corp.
25. Ford Philippines Machining Company
26. RMH Teleservices Asia Pacific, Inc.
27. EXLSERVICE Philippines, Inc.
28. Epixtar Phil IT-Enabled Services Corp.
29. Genpact Services LLC
30. Sitel Customer Care Philippines, Inc.

OTHER
PEZA ECOZONE
PROGRAMS

TOURISM ECOZONE

TOURISM ECONOMIC ZONE

LOCATION

AREA / FACILITIES
REQUIREMENT

INCENTIVES FOR
DEVELOPERS

5 Hectares

PRIORITY
AREAS
IDENTIFIED BY
DOT

Integrated resort complex offering

accommodation, sports and
recreation centers, convention and
cultural facilities, theme parks, and
other special interest with foreign
tourists as primary clientele.
Must conform with development
guidelines of the Department of
Tourism

5% tax on gross income

(only for new
development)

TOURISM ECONOMIC ZONE

REGISTRABLE ACTIVITIES

Enterprises establishing and

operating the following:

Accommodation
Sports and recreation centers
Convention and cultural facilities
Theme Parks
Other special interest or
attraction activities with foreign
tourists as primary clientele

INCENTIVES

1. 4 years Income Tax Holiday (ITH)

2. Special 5% tax on gross income in lieu of
all national and local taxes after the ITH
3. Tax and duty free importation of capital
equipment required for the technical
viability and operation of the registered
activity
4. Exemption from payment of local
government fees such as Mayors Permit,
Business Permit, Permit on the Exercise of
Profession/Occupation/Calling, Health
Certificate Fee, Sanitary Inspection Fee,
and Garbage Fee;
5. Zero Value Added Tax (VAT) Rate on local
purchases to include telecommunications,
power, and water bills;
6. Special Investors visa
7. Employment of foreign nationals
8. Simplified import procedures

MEDICAL TOURISM
SPECIAL ECONOMIC ZONE

MEDICAL TOURISM PARK

LOCATION
METRO MANILA
AND CEBU CITY

OTHER PARTS
OF THE
COUNTRY

AREA / FACILITIES
REQUIREMENT

INCENTIVES FOR
DEVELOPERS

1 Hectare
1. Adequate telecom facilities
2. Clean, uninterruptible power
supply
3. Security and building monitoring
system

None

1 Hectare
1. Adequate telecom facilities
2. Clean, uninterruptible power
supply
3. Security and building monitoring
system

5% tax on gross income

(only for new
development)

MEDICAL TOURISM CENTER (Hospital or Stand Alone Bldg)

LOCATION
METRO MANILA
AND CEBU CITY

OTHER PARTS
OF THE
COUNTRY

AREA / FACILITIES
REQUIREMENT

INCENTIVES FOR
DEVELOPERS

5,000 square meters

1. Adequate telecom facilities
2. Clean, uninterruptible power
supply
3. Security and building monitoring
system

None

2,000 square meters

1. Adequate telecom facilities
2. Clean, uninterruptible power
supply
3. Security and building monitoring
system

5% tax on gross income

(only for new
development)

RETIREMENT SPECIAL
ECONOMIC ZONE

RETIREMENT ECOZONE PARK

LOCATION

AREA / FACILITIES
REQUIREMENT

INCENTIVES FOR
DEVELOPERS

4 Hectares
Anywhere in the
country

1. Reliable power and water supply

and distribution system
2. Sewerage and drainage system
3. Adequate telecom facilities

5% tax on gross income

(only for new
development)

RETIREMENT ECOZONE CENTER

LOCATION
METRO MANILA
AND CEBU CITY

OTHER PARTS
OF THE
COUNTRY

AREA / FACILITIES
REQUIREMENT

INCENTIVES FOR
DEVELOPERS

5,000 square meters

1. Reliable power and water supply
and distribution system
2. Sewerage and drainage system
3. Adequate telecom facilities

5% tax on gross income

(only for new
development)

2,000 square meters

1. Reliable power and water supply
and distribution system
2. Sewerage and drainage system
3. Adequate telecom facilities

5% tax on gross income

(only for new
development)

AGRO-INDUSTRIAL
ECOZONE

AGRO-INDUSTRIAL ECONOMIC ZONE

LOCATION

AREA / FACILITIES
REQUIREMENT

INCENTIVES FOR
DEVELOPERS

5 Hectares
MUST BE
OUTSIDE
METRO MANILA

Must conform with development

guidelines of :
DA, BFAR, DENR, and
Land Use and Zoning Regulations

5% tax on gross income

(only for new
development)

AGRO-INDUSTRIAL ECONOMIC ZONE

REGISTRABLE ACTIVITIES
1.

2.

3.

4.

5.

6.

7.

Import-substituting commercial production and

processing of agricultural crops for bio-fuel
(such as but not limited to jetropha, coconut,
sweet sorghum, sugar, etc.)
Processing / manufacturing for export of
agricultural and marine products (livestock and
poultry, fruits and vegetables, aquaculture
products
Integrated livestock, poultry, and related
projects involving primary production up to
processing of final product
Production of agricultural inputs such as feeds,
veterinary drugs and vaccines, fertilizers, and
agri-chemicals for export
Projects involving the processing of
agricultural waste materials into commercially
viable products for export
Bio-technology products using agricultural
products as inputs or to be used as inputs for
agricultural production
Support services such as cold storages and
warehouses, and similar facilities

INCENTIVES
1. 4 years Income Tax Holiday (ITH)
2. Special 5% tax on gross income in lieu of
all national and local taxes after the ITH
3. Tax and duty free importation of production
equipment and machineries, breeding
stocks, farm implements including spare
parts and supplies of the equipment and
machineries
4. Exemption from export taxes, wharfage
dues, impost and fees
5. Exemption from payment of local
government fees such as Mayors Permit,
Business Permit, Permit on the Exercise of
Profession/Occupation/Calling, Health
Certificate Fee, Sanitary Inspection Fee,
and Garbage Fee;
6. Zero Value Added Tax (VAT) Rate on local
purchases to include telecommunications,
power, and water bills;
7. Special Investors visa
8. Employment of foreign nationals
9. Simplified import and export procedures;

THE PHILIPPINES
SUCCESS FACTORS

FILIPINO WORKERS
Among the Best in the World
THE COUNTRYS COMPETITIVE EDGE
Literate, English speaking, easy to train,
hardworking and very friendly

In the IT Service Sector

Filipino Workers are
considered the new breed of
world-class service
professionals and
are referred to as
Global Knowledge Workers
because they are intelligent
and able to compete
at the highest levels
among the best in the world.

STRATEGIC LOCATION

Russia

Canada

Germany
United
Kingdom
EUROPE

United States
of America

France

China

Korea

Middle
East

Africa

Japan

Taiwan
Hong Kong

Philippines

Atlantic Ocean

India
Thailand
Malaysia
Singapore
Indonesia
Australia

Pacific Ocean

South
America

THE
PEZA EDGE

PEZA recognizes
Just-in-time deliveries
Reduction of cost
are musts for exports to
be competitive

FAST TURNAROUND
ESPECIALLY FOR ELECTRONICS
96 HOURS OR 4 DAYS TO COMPLETE THE PRODUCTION
CYCLE:
DAY 1
An Asian company sends raw materials to the Philippines.
Raw materials arrive in the Philippines on the same day.
Cleared by Customs on the same day.
Received by the Economic Zone Company on the same day.
DAY 2 - DAY 3
Products are manufactured.
DAY 4
Finished products brought to the Port.
Cleared by Customs on the same day.
Shipped to the Asian country on the same day.
Arrive in the Asian country on the same day.

AS A CONSEQUENCE:
Most companies EARN PROFIT
even on their first year of
operation.
Most companies have been
EXPANDING their operations.

Batangas Port

The Gateway to Southern Luzon

New and most modern port facility and equipment
Centrally located within the CALABARZON economic
zones; Target volume minimum 10,000TEUs/month
Industrial Parks & Economic
Zones (PEZA):
Laguna International Industrial
Park
Laguna Technopark
Lima Technology Center
First Philippine Industrial Park
First Batangas Industrial Park
Calamba Premiere Industrial
Park
Carmelray Industrial Park 1 & 2
Light Industry & Science Park of
the Phils. 1 & 2
YazakiYazaki-Torres Manufacturing Inc.
Cavite Special Economic Zone

DISTANCES BETWEEN MAJOR POINTS

Manila - Calamba
Manila Batangas
Cabuyao Calamba
Sta.. Rosa Calamba
Calamba Batangas
Mariveles Manila

:
:
:
:
:
:

50 km
100 km
5 km
10 km
50 km
27 nautical
miles

Min. 10,000 TEUs/mo.

Target volume

ATI Batangas Phase 2

Marginal Wharf
LOA 450 meters - 2 berths
Draft - 13 meters

Annual throughput capacity

480,000 TEU
Container yard
6.6 hectares
Container freight station
4,100 square meters
Two (2) high capacity ship to
shore gantry cranes that ensure
efficient loading and discharge
of containers

Mobile Equipment
- 4 Rubber Tyred Gantries
- 1 Reach Stacker
-

8 Tractors
Dutch Lanka Chassis
Forklift

Benefits
1. ATI Stevedoring charges -14% lower than
Manila
2. 30 Minute Customs Processing
3. 40%-60% Reduction in trucking cost
4. Faster Turn-Around Time
5. Predictability of deliveries
6. Reduced overtime costs

Other Benefits
Availability of large spaces for warehousing and
other needs
State of the Art Equipment

PEZA IS A ONE-STOP SHOP

Building and Occupancy Permits are issued by PEZA.

Import and Export Permits are issued by PEZA.

Special non-immigrant visa processed in PEZA.

Harmonized customs processes because of PEZA-BOC MOA.

Environment Clearance made easy because of PEZA-DENR MOA.

Exemption from Local

companies inside PEZA.

Registration requirements simplified, registration forms made

simple, approval made easy.

Government

Business

Permits

for

If a company files its application 1 day before a Board Meeting, its

application will be included in the agenda for approval. The PEZA
Board meets 2 times a month.

PEZA IS A NON-STOP SHOP

At the zones, PEZA provides 24 hours a
day, 7 days a week of continuous
service to locator companies.
The Director General herself and other
PEZA officials are on call 24 hours a day,
7 days a week.

PEZA
A Total Service Plus Shop
More than granting incentives, PEZA
serves as the Advocate

and
Champion for Economic Zone
Stakeholders Concerns.

PEZAs TOTAL COMMITMENT

TO INVESTORS
MAKE DOING BUSINESS
LESS COSTLY
EASIER
MORE COMPETITIVE

PEZAs TOTAL COMMITMENT TO INVESTORS

NO RED TAPE
ONLY RED CARPET TREATMENT

TRIMMING and RESTRUCTURING

the BUREAUCRACY
EPZA
1,006 Officers and Personnel
( 31 December 1994 )

38.47 % Reduction in Officers and Personnel

PEZA
619 Officers and Personnel
( 30 June 2008 )

REMITTANCES TO THE NATIONAL GOVERNMENT

( Payments of Loans, Dividends and Income Taxes )
2006 Total Remittances
P 1.170 B
2007 Total Remittances
P 968.299 M

EPZA
P 145.498 Million

PEZA
P 11.132 Billion

( 1969 - 1994 )

( 1995 30 June 2008 )

PEZA - 3rd BIGGEST AMONG GOCCs & GFIs in

DIVIDENDS/ REMITTANCES TO THE
NATIONAL GOVERNMENT
From January to May 2008
1.
2.
3.
4.

Philippine Ports Authority

Land Bank of the Philippines
Philippine Economic Zone Authority (PEZA)
Philippine National Oil Company (PNOC)

Report from the Department of Finance

21 June 2008 Issue of the
Philippine Daily Inquirer

P 589 M
P 442 M
P 346 M
P 336 M

WHERE
BUSINESSES
LOCATE
AND
PROFIT